Legal Opinion
Dowling v. Narragansett Capital Corp.
District Court, D. Rhode Island
Decided April 17, 1990No. Civ. A. 87-0213-TPublishedCited by 35 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
TORRES, District Judge.
This is a suit by some former shareholders of Narragansett Capital Corporation who seek damages for the sale of all of the corporation’s assets for what they say was a grossly inadequate price. Most of the defendants are directors, officers and/or shareholders who are accused of having orchestrated the sale for their own benefit and having solicited the approval of the remaining shareholders without adequately informing them about the nature of the transaction. It is before the Court on the defendants’ motions to dismiss pursuant to Fed.R.Civ.P.…
2Cases cited73 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Cort v. AshSupreme Court of the United States · 1975
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
68 more not listed; retrieve them via the Exa API.
3Cited by35 opinions
- Gaffin v. Teledyne, Inc.Supreme Court of Delaware · 1992
- 7547 Corp. v. Parker & Parsley Development Partners, L.P.Court of Appeals for the Fifth Circuit · 1994
- Mann v. Kemper Financial Companies, Inc.Appellate Court of Illinois · 1992
- Dennis J. Domegan v. Joseph Ponte, (Two Cases)Court of Appeals for the First Circuit · 1992
- Baker, Watts & Co. v. Miles & StockbridgeCourt of Special Appeals of Maryland · 1993
30 more not listed; retrieve them via the Exa API.